Dreamland Limited Class A (TDIC) Cash Flow Statement

NASDAQ: TDICOperating cash, capex, free cash flow and buybacks.

Where TDIC’s cash came from and went, FY2026

March 31, 2026 · Hong Kong dollars

Cash from operations: −HK$20.0M
Capital expenditures: HK$0
Free cash flow: −HK$20.0M
Returned to shareholders: —
Change in cash: HK$3.3M

Cash from operations

−HK$20.0M

Investments (net)

−HK$24.7M

Net borrowing (repayment)

+HK$4.4M

Shares issued

+HK$57.7M

Other financing

−HK$14.1M

Change in cash

HK$3.3M

Drawn to scale: where the cash came from and how it was used. Hover for values.

TDIC operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

TDIC cash flow trends, FY2023–FY2026

Dreamland Limited Class A cash flow trends
Metric	Then	Latest	Change
Operating cash flow	−HK$239,813FY2023	−HK$20.0MFY2026	—
Capital expenditures	HK$3FY2023	HK$0FY2026	−100.0%
Free cash flow	−HK$239,813FY2023	−HK$20.0MFY2026	—
Free cash flow margin	−6.6%FY2023	−39.4%FY2026	−32.8 pts
Operating cash flow / net income	1.03FY2024	−2.13FY2025	−3.15
Dividends paid	HK$0FY2023	HK$0FY2026	—
Capex / revenue	0.0%FY2023	0.0%FY2026	0.0 pts

Change is the average annual growth (CAGR) or the difference between the first and latest year.

TDIC cash flow by activity

OperatingInvestingFinancingChange in cash

TDIC net income vs operating cash flow

Net incomeOperating cash flow

Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).

TDIC cash flow statement in Hong Kong dollars

Dreamland Limited Class A annual cash flow statement
	FY2026	FY2025	FY2024	FY2023
Operating activities
Net income	−HK$74.0M	HK$7.5M	HK$8.1M	−HK$482,783
Depreciation & amortization	HK$415,823	HK$3.0M	HK$294,083	HK$206,006
Change in working capital	HK$6.7M	−HK$20.3M	−HK$310,086	−HK$149,726
Other non-cash items	HK$46.9M	−HK$6.2M	HK$220,728	HK$186,690
Cash from operating activities	−HK$20.0M	−HK$16.0M	HK$8.3M	−HK$239,813
Investing activities
Capital expenditures	HK$0	−HK$9.3M	−HK$141,800	−HK$3
Investments (net)	−HK$24.7M	−HK$14.8M	−HK$110,860	HK$441
Acquisitions & other investing	HK$2,138	HK$9.3M	HK$141,800	HK$3
Cash from investing activities	−HK$24.7M	−HK$14.8M	−HK$110,860	HK$441
Financing activities
Dividends paid	HK$0	HK$0	HK$0	HK$0
Net borrowing (repayment)	HK$4.4M	HK$9.8M	−HK$733,344	HK$4.0M
Shares issued	HK$57.7M	HK$0	HK$0	HK$0
Other financing	−HK$14.1M	HK$34.2M	−HK$3.9M	−HK$3.7M
Cash from financing activities	HK$48.0M	HK$44.1M	−HK$4.7M	HK$232,338
Summary
Net change in cash	HK$3.3M	HK$13.3M	HK$3.5M	−HK$7,034
Cash at end of period	HK$20.5M	HK$17.1M	HK$3.8M	HK$328,214
Free cash flow	−HK$20.0M	−HK$25.3M	HK$8.1M	−HK$239,813
Free cash flow margin	−39.4%	−55.2%	39.8%	−6.6%
Capex / revenue	0.0%	20.2%	0.7%	0.0%
Operating cash flow / net income	—	−2.13	1.03	—

Dreamland Limited Class A quarterly cash flow statement
	Jun '26	Dec '25	Sep '25	Jun '25	Sep '24	Mar '24	Sep '23
Operating activities
Net income	−HK$37.3M	HK$3.7M	−HK$36.8M	HK$477,541	HK$2.7M	HK$5.7M	HK$1.4M
Depreciation & amortization	—	HK$453,163	HK$598,382	HK$58,257	HK$2.5M	HK$144,312	HK$149,819
Change in working capital	HK$60.2M	HK$15.4M	−HK$10.5M	HK$2.0M	−HK$13.8M	HK$919,743	−HK$1.2M
Other non-cash items	−HK$18.8M	−HK$27.7M	HK$21.8M	−HK$3.6M	HK$690,984	HK$1.1M	HK$152,082
Cash from operating activities	HK$4.2M	−HK$8.1M	−HK$24.9M	−HK$1.0M	−HK$7.8M	HK$7.9M	HK$426,595
Investing activities
Capital expenditures	−HK$4.2M	−HK$8.1M	−HK$24.9M	−HK$1.0M	−HK$7.8M	−HK$7.9M	−HK$426,595
Acquisitions & other investing	−HK$8.7M	−HK$1.3M	HK$13.0M	−HK$171,779	HK$2.5M	HK$7.8M	—
Cash from investing activities	−HK$12.9M	−HK$9.5M	−HK$11.8M	−HK$1.2M	−HK$5.3M	−HK$133,976	—
Financing activities
Share repurchases & issuance (net)	−HK$1.0M	−HK$336,335	−HK$4.4M	−HK$43,238	−HK$4.0M	−HK$20.4M	−HK$1.3M
Shares issued	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other financing	HK$19.7M	HK$33.7M	HK$34.5M	HK$4.3M	HK$14.8M	HK$16.3M	HK$766,499
Cash from financing activities	HK$18.7M	HK$33.4M	HK$30.2M	HK$4.3M	HK$10.7M	−HK$4.1M	−HK$567,124
Summary
Net change in cash	HK$9.8M	HK$15.8M	−HK$6.6M	HK$2.0M	−HK$2.4M	HK$3.8M	—
Cash at end of period	HK$20.4M	HK$17.1M	HK$10.5M	HK$2.2M	HK$1.4M	HK$3.8M	—
Free cash flow	−HK$0	−HK$16.3M	−HK$49.8M	−HK$2.1M	−HK$15.6M	HK$0	HK$0
Free cash flow margin	−0.0%	−109.9%	−125.1%	−109.9%	−50.7%	0.0%	0.0%
Capex / revenue	38.6%	54.9%	62.5%	54.9%	25.3%	47.3%	11.3%
Operating cash flow / net income	—	−2.19	—	−2.19	−2.90	1.37	0.31

Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Hong Kong dollars as reported; data from EODHD.

TDIC cash generation

In fiscal 2026 (ended March 31, 2026), Dreamland generated -HK$20.0 million of cash from operations and spent HK$0 on capital expenditures, leaving free cash flow of -HK$20.0 million, −39.4% of revenue. Cash and equivalents rose by HK$3.3 million over the year.

Related: TDIC income statement, TDIC balance sheet. See the TDIC stock overview for the latest quote and news.

TDIC cash flow FAQ

What is Dreamland's free cash flow?

Dreamland's free cash flow was -HK$20.0 million in fiscal 2026: -HK$20.0 million of operating cash flow minus HK$0 of capital expenditures It was -HK$25.3 million a year earlier..

How much cash does Dreamland generate from operations?

Dreamland generated -HK$20.0 million of cash from operating activities in fiscal 2026.